Today’s guest is Paul Floyd, a business lawyer for lawyers — and a very successful one. Paul finally explained law practice valuation so I could understand: the best way to value a law practice is not to value it.
Today’s question is from our forum: How do you calculate flat fees when starting out. Aaron and I offer our own suggestions for coming up with flat fees early on in your legal career.
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Paul is a Minnesota lawyer who, among other things, helps lawyers sell their practices. Paul may not have an edgy website, but he is a good lawyer who gives good advice, which means he has an enviable law practice without all the virtual offices, alternatives billing arrangements and
iPads actually I can’t remember the last time I saw Paul without his iPad.
Last updated February 2nd, 2023